Statute · New York Estates, Powers & Trusts Law
N.Y. Est. Powers & Trusts Law § 1-2.14 — Per stirpes
N.Y. Est. Powers & Trusts Law § 1-2.14
- Type
- Statute
- Source
- New York Estates, Powers & Trusts Law
- Jurisdiction
- New York
- Current through
- Nov 4, 2026 (NY Senate Open Legislation)
§ 1-2.14 Per stirpes
Citator
N.Y. Est. Powers & Trusts Law § 1-2.14 — Per stirpes is in force in the current edition of the Code, and nothing recorded condemns it.
§ 1-2.14 Per stirpes
A per stirpes disposition or distribution of property is made to persons who take as issue of a deceased ancestor in the following manner:
The property so passing is divided into as many equal shares as there are (i) surviving issue in the generation nearest to the deceased ancestor which contains one or more surviving issue and (ii) deceased issue in the same generation who left surviving issue, if any. Each surviving member in such nearest generation is allocated one share. The share of a deceased issue in such nearest generation who left surviving issue shall be distributed in the same manner to such issue.